Thread regarding Oracle Corp. layoffs

Are we now buying Imagene AI??

Does anybody here know what is happening with the possible acquisition of yet another company by O? I see LE is one of the players who is bidding up the acquisition cost of an Israeli start up company. After the monumental cost to just close on Cerner we now are bidding on another medical company - what IS Larry up to? are we exiting the DB business and getting into Health Care Biz? I feel like we are in LAX control tower and LE is just guiding in one acquisition after another, great for building up the revenue numbers but what about the consolidated strategy to build for the future or do we just fish around to see if any of these chips will pay off?

by
| 851 views | | 4 replies (last )
Post ID: @OP+1gz6yirY

4 replies (most recent on top)

Well at least we know how the great LE is spending his time.... for sure it's not on O but on making bets with unrelated acquisitions that have no relationship either to one another or to Oracle. But it gives enough short term revenues numbers to fool/confuse the market that LE knows what he is doing. - well done Larry!!... as they say, caveat emptor !!!

by
|
Post ID: @1ezx+1gz6yirY

Well it looks like healthcare is a growing sector and I suppose that when your company is not growing, you'd want to get in on the action. Not that it makes any kind of business sense, but it makes sense if you are desperate for any kind of growth.

by
|
Post ID: @1apy+1gz6yirY

Actually Cerner and Imagene AI have very different business models - one is basically a medical information storage company and the other is a disease/medical research company. Which even more highlights the lack of a cohesive strategy by LE but rather a shotg-n approach.

I believe we need to have a "core" business by which our customers know us and they also know that we excel at what we do within this core business. The idea of just spreading investments all around and consuming resources, time and money to manage all of these marbles with the hope that one of them pays off, is not a winning plan.

by
|
Post ID: @sxf+1gz6yirY

No clue what he is thinking.
Seems that other tech companies have moved into healthcare.
With global economic insecurity, the buzz is, anything to do with "healthcare" is good.
However, as far as moving into unchartered waters? Seems to be proven by many, that it is better to work to improve what you have and know than, to venture off into the unfamiliar.

by
|
Post ID: @udu+1gz6yirY

Post a reply

: